Kinds of company meetings Statutory reports [Section 153(3)] Meetings of board of directors PPT

2. Presentation’s topics
Kinds of company meetings
Statutory reports [Section 153(3)]
Meetings of board of directors

3. Kinds of company meetings
 According to companies ordinance,1984,
there are three kinds of meetings
 1.Statuary Meeting(Section157)
 2.Annual General Meeting (Section 158)
 3.Extra-ordinary General
Meeting(Section159)

4. 1.Statutory Meeting(Section157)
 Statutory Meeting
 By whom and when
held
 How the meeting is
convened?
 Business of the
Meeting
 Privileges of the
Members
 Default in holding
statutory Meeting

5. 2.Annual General
Meeting(Section158)
 Notice of Meeting
 Place of Meeting
 Business to be
conducted
i. Consideration and
adoption of the audited
annual accounts of the
company
ii. Declaration of the
directors
iii. The election of the
directors
iv. Appointment of
directors
 Winding up

6. 3.Extra-ordinary General
Meeting(Section159
 Meaning
 How the meeting
is called
i. By directors
ii. On the requisition
of shareholders
iii. The requisitionists
themselves
 Purpose

7. 2.Statutory Report [Section
153(3)]
 Statutory report is the report which is
sent by the board of directors to all
the members of the company at least
21 days before the date of the
statuary meeting. This report shall be
certified by not less than 3 directors,
one of whom shall be the Chief
Executive of the company.

8. Informations of the Statutory
Report
 State of company’s
affairs and
business plan
 Total numbers of
shares
 Total amount of
cash received
 Receipts and
payments of the
company
 Name, address and
occupations

9. Informations of the Statutory
Report
 Particulars of any
contract & modification
if any
 Underwriting contracts
 Particulars of any
commission or
brokerage paid or to
be paid on shares to
any directors,chief
executive,secretry or
officer

10. 3.Meetings of Board of
Directors
i. Telephonic Conversation
ii. Circular Resolution
iii. Board Meetings
a) Notice of Board of Meeting
b) Restriction on powers of directors
c) Quorum for Board Meeting
d) Minutes of Board of Meetings
e) Inspection of directors Minutes book